{"id":11,"date":"2026-09-10T16:00:00","date_gmt":"2026-09-10T16:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/shiranihomes-ca\/2026\/09\/10\/gta-market-cools-as-prices-and-sales-ease\/"},"modified":"2026-09-10T16:00:00","modified_gmt":"2026-09-10T16:00:00","slug":"gta-market-cools-as-prices-and-sales-ease","status":"publish","type":"post","link":"https:\/\/www.shiranihomes.ca\/blog\/2026\/09\/10\/gta-market-cools-as-prices-and-sales-ease\/","title":{"rendered":"GTA Market Cools as Prices and Sales Ease"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/reza-shirani\/greater-toronto-real-estate-market-declines-in-july-amid-falling-prices-and-slowing-sales-remotion-videos-f44e\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>The Greater Toronto real estate market is showing signs of a gradual cooldown as we move into Early-Q3. Home sales reached approximately 6,000\u2014a slight decrease of around 1% year-over-year after several months of annual growth\u2014yet market activity still posted a modest month-over-month gain of about 3%. The average selling price remained near $1 million, while the benchmark for a typical home dropped about 5% compared to last year, signaling that buyers continued to have leverage in pricing negotiations throughout much of the region.<\/p>\n<p>Breaking it down by housing type: detached home sales inched up by roughly 1% year-over-year, while semi-detached sales declined by about 6%, townhouses slipped 3%, and condo apartments were nearly unchanged. Notably, supply tightened further\u2014new listings fell to about 14,500 (down 18% year-over-year), and active listings dipped to roughly 26,100 (a 12% decrease), meaning fewer fresh choices for buyers across Greater Toronto.<\/p>\n<p>With sales accounting for a larger share of available listings, we could see price negotiations become more balanced if consumer confidence rebounds. My experience in both residential and commercial sectors gives me a comprehensive perspective on these shifts\u2014helping clients make informed decisions as the market landscape evolves.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Greater Toronto real estate market is showing signs of a gradual cooldown as we move into Early-Q3. Home sales reached approximately 6,000\u2014a slight decrease of around 1% year-over-year after several months of annual growth\u2014yet market activity still posted a modest month-over-month gain of about 3%. The average selling price remained near $1 million, while [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":31,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/posts\/11","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":0,"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/posts\/11\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/media\/31"}],"wp:attachment":[{"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/media?parent=11"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/categories?post=11"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shiranihomes.ca\/blog\/wp-json\/wp\/v2\/tags?post=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}